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Reading 01867
83 Hanscom Ave
$655,000
● House - Off Market

83 Hanscom Ave

Reading, MA 01867
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,248 Ft²
$849,427
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

This classic colonial in a prime Birch Meadow location has everything you're looking for.  It's an easy walk to elementary, middle, and high schools, library, YMCA, and the Birch Meadow complex. This home features a large, beautiful fenced-in yard on a quiet side street.  You'll love the sunny updated kitchen and the beautiful newly finished lower level with laundry, bedroom, full bath and walk out access to yard.   Major updates include a brand new roof, central air, newer heating and hot water systems, and newer windows. Once you're here you won't want to leave! OFFER DEADLINE FRIDAY 6/5 7:00 PM.
Unit Size
2,248 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$280
Property Type
House
Property Taxes
$645
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72666489)

Price History

Date / Event Date Event Price
Jul 20, 2020 Sold
Premium
Sold
Jun 3, 2020 Listed by True North Realty $629,900
Listed by True North Realty
Aug 1, 2011 Sold
Premium
Sold
May 11, 2011 Listed by True North Realty $379,900
Listed by True North Realty
May 1, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 624
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,028
  • Gross Building Area: 2,674
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: READING
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334300

Zoning

  • Zoning: S15

Geography

  • Account Number: 1130000000
  • Parcel: READ M:027.0-0000-0310.0
  • Municipality: READING
  • Latitude: 42.5326
  • Longitude: -71.1113

    Address

  • Full Address: 83 Hanscom Ave
  • Address - House Number: 83
  • Address - Street Name: Hanscom
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 2009
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $889,500

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 828,029
  • High Value: 973,226
  • Low Value: 682,832

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $759,000
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $296,000

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117728
  • Previous Sale Recording Date: Aug 01, 2011
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Reading

Stats & Trends

Median Asking:

$849,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 years

Currently For Sale

35 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72666489

Frequently Asked Questions

When was property at 83 Hanscom Avenue built and last sold?
The property at 83 Hanscom Avenue was built in 1925 and last sold on Jul 20, 2020 for $655,000.
How much is this home worth?
The estimated value of the home located at 83 Hanscom Avenue is $636,941.
What are some comparable homes to 83 Hanscom Avenue?
There are currently no comparable homes to 83 Hanscom Avenue.
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